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Employers can reject a preprinted application that is not signed.
Perpetual Inventory System
An accounting method that continuously updates inventory records after each purchase or sale.
Discount Period
The timeframe within which a payment can be made at a discounted rate, often used in sales transactions to encourage early payment.
Gross Profit
The financial metric that represents the difference between sales revenue and the cost of goods sold, excluding other expenses and overhead.
Merchandise Sold
Goods that have been sold by a company, generating revenue; part of the sales process in a retail or wholesale environment.
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